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Volkswagen Jetta Lease Questions

536 messages,  Last post on Jul 01, 2008 at 9:33 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Volkswagen Jetta, Car Leasing, Sedan, Wagon


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#190 of 536
2006 jetta 2.5 lease by fillmore2
Aug 12, 2006 (12:49 pm)
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Car_Man (or anyone else), please analyze this trade:
 
terms: 48mo/12k lease of
2006 2.5 jetta package 1
 
trade in: 02 grand prix gt (kbb $7500, payoff $9500 = neg equity $2000) zero $ down.
 
i know there are a lot of variables here, but what is "fair" or a good deal for ME. the salesman has already apparently lied about the $750 lease cash, assuming it is currently valid, so i dont trust the invoice numbers they were showing me either. can you break this down? just an outright buy with ignoring the trade in would be helpful at this point. thanks.
 
also, how does one prove the existence of lease cash if the dealership doesnt acknowledge it?
#191 of 536
New to Leasing by ironcityali
Aug 13, 2006 (8:44 am)
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Hi all - GREAT Forum! I have a few questions I hope someone can address for me - I went to my local Tampa dealership yesterday to see about leasing a 2.5 and was given the following numbers: Price $20595.00 Term 48mths Rate .00189 MSRP 21995.00 Residual .47 Cash down $500.00 Doc Fee $489.00 No security deposit Residual 10337.65 Monthly Payment $305.19
Is this a good deal? What kind of lease cash is offered for August on the 2.5? And why does the total amount of payments I would make, plus the residual, add up to WAY more than the price quoted, were I to choose to buy it?
I've never leased before and don't want to get hosed on this -any help is appreciated - THANKS!
#192 of 536
06 Jetta lease by lcordes
Aug 13, 2006 (10:32 am)
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I am looking at leasing a 2006 Jetta 2.5L , auto, and have been quoted $209 out the door, nothing else added on
from reading these threads, this seems unreal! that is 12K and with $3,000 down, although I see here that putting down in not wise, however, we need to keep monthly payments down (how much would it increase each month with NO money down?)
thanks for any help
#193 of 536
Re: Jetta 2.5 August 2006 Residuals & Money Factors [Car_man] by lcordes
Aug 13, 2006 (11:10 am)
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Replying to: Car_man (Aug 08, 2006 3:29 am)

what would the monthly payment be?
#194 of 536
06 jetta GLI lease terms? by photoz
Aug 14, 2006 (6:58 pm)
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car_man,
 
Can you post what the current terms are for a 06 jetta gli for 48mos15K/mo.
 
I am in a unique situation where I already signed my lease, but they put the wrong VIN on my contract. So they want me to resign with the correct vehicle, but I think all the terms they told me were based on the other car (the car I wanted in the first place)
 
so at a minimum, I get to ask them for all the numbers they put in the terms before I resign, so I can make sure I am getting the best deal now!
 
thanks!
#195 of 536
Leasing a Jetta in Texas by trainnut
Aug 17, 2006 (11:32 am)
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First, let me tell you how happy I am to have stumbled onto this site. I've leased cars for the past ten years but have never had so much good information before going into "battle". I am looking at leasing a 2006 [because I understand VW is supposedly making the '06 especially attractive to lease] 2.5 automatic with package 1 and a cargo net. Msrp on this car is $23,644 and invoice is $21,907. Plugging in the .00138 money factor and 54% residual you give for a 36 month lease, and using 6.25 as the tax rate; $575 VW lease fee and $500 title/license fee-then subtracting the $750 VW cash-I come out with payments of $333.00 per month. Two different dealers have come back with quotes of $380 and $375. What am I missing and/or doing wrong? Thanks in advance for your reply. trainnut
#196 of 536
Re: Leasing a Jetta in Texas [trainnut] by kyfdx HOST
Aug 17, 2006 (1:15 pm)
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Replying to: trainnut (Aug 17, 2006 11:32 am)

In Texas, tax is charged on the entire selling price of the car, not on the monthly payment.. This could account for most of the difference...
 
Did you add around $1400 to the cap cost for tax?
#197 of 536
Re: Leasing a Jetta in Texas [kyfdx] by trainnut
Aug 17, 2006 (2:05 pm)
Reply

Replying to: kyfdx (Aug 17, 2006 1:15 pm)

No, I didn't add the tax to the cap amount, because I had no idea that was what Texas dealers did. Again, thank you for being there and providing information that the average smuck wouldn't otherwise be aware of. trainnut
#198 of 536
Re: Leasing a Jetta in Texas [trainnut] by kyfdx HOST
Aug 17, 2006 (2:19 pm)
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Replying to: trainnut (Aug 17, 2006 2:05 pm)

Tax laws in Illinois and Texas are particularly disadvantageous to leasing...
 
I'd consider buying, if I lived in either of those two states...
#199 of 536
Re: Leasing a Jetta in Texas [kyfdx] by trainnut
Aug 17, 2006 (3:20 pm)
Reply

Replying to: kyfdx (Aug 17, 2006 2:19 pm)

O.K., I added the $1400 tax into the equation and, as you suspected, the payment went to almost exactly what the dealers had quoted. If your suggestion would be to buy rather than lease, what goodies are out there to entice buyers right now. Also, does VW's driver option plan function any differently than a straight lease so far as costs are concerned? trainnut

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